(EnergyAsia, December 4 2013, Wednesday) — Mechel OAO, a leading Russian mining and metals company, said its Elgaugol OOO project company has received the US$150-million first tranche of financing for a major coal project from Vnesheconombank. Mechel is borrowing a total of US$2.5 billion from the Russian bank to develop the first stage of the…

This article is for Subscriber members only.
Log In Register